Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. The company's principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services. The company sells or rents its products for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. In addition, it operates 15 service centers in the United States, as well as 3 service centers in Eastern Australia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
P/S ratio for Cactus, Inc. (WHD)
P/S ratio as of 2023: 2.68
According to Cactus, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.68. At the end of 2022 the company had a P/S ratio of 4.40.
P/S ratio history for Cactus, Inc. from 2015 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.68 |
| 2022 | 4.40 |
| 2021 | 4.82 |
| 2020 | 3.55 |
| 2019 | 2.46 |
| 2018 | 1.63 |
| 2017 | 1.27 |
| 2016 | 9.78 |
| 2015 | 6.85 |